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UnitedPips is a forex broker located in Saint Lucia, regulated by the Financial Services Regulatory Authority (FSRA).
UnitedPips accepts clients from all over the world, excluding some countries where restrictions apply.
Forex broker offers the following underlying assets for trading.
| 40+ Currency Pairs | Based on major and minor world currencies. |
| 4 Crypto Pairs | Based on Bitcoin, Ethereum, Ripple, Litecoin. |
| 4 Metal CFDs | Based on Gold, Silver, Platinum, Palladium. |
UnitedPips is a fairly new forex broker that was set up in 2024 in the offshore jurisdiction of Saint Lucia. Like many other offshore-registered forex brokers, UnitedPips accepts clients from almost all countries in the world, and allows them to fund their accounts with crypto as well as a number of other methods.
Unfortunately for UnitedPips, one aspect that stands out immediately when looking at this broker is that its selection of trading instruments is not very good. With only around 40 forex pairs, four crypto pairs, and precious metals, the selection is very basic, with many asset classes not covered. For instance, traders interested in the stock market will not find any single stocks or indices here, and those interested in the commodities sector will likely also get disappointed.
One thing that helps UnitedPips a bit in the positive direction, however, is that the instruments it offers can be traded with very high leverage. With up to 1:1,000 in trading leverage, UnitedPips offers some of the highest leverage in the industry, even when compared to other offshore brokers. This is something we know from experience that some traders are looking for when choosing a broker, although it definitely is a double-edged sword. High trading leverage can amplify profits, but remember that it will also amplify any losses.
The instruments that are offered by UnitedPips can all be traded on the UniTrader platform, which essentially is a white-label version of the popular and powerful TradingView charting platform. This is in our view a smart move by UnitedPips, since TradingView already offers some of the best trading and charting tools on the market today. The platform is entirely web-based, and therefore works on any kind of computer with an internet connection. It's also easy enough for even beginners to use, while still having all of the advanced features more experienced and professional traders would need.
Once the decision to trade with UnitedPips has been made, the next question to decide on will be which type of trading account to use. Here, UnitedPips has three options to choose from, which are all STP-style accounts without commissions:
– Standard account, with a minimum deposit of $10 and spreads from 2 pips
– Premium account, with a minimum deposit of $2,000 and spreads from 1.5 pips
– VIP account, with a minimum deposit of $10,000 and spreads from 0.7 pips
All of the trading accounts can be funded directly with crypto, in which case the broker offers a discount of 10% that will be added on top of the deposit. For those opting for traditional payment methods, PayPal, credit and debit cards, and PerfectMoney are also accepted. The broker does not charge any processing fees for deposits, but withdrawals made via PerfectMoney or PayPal are subject to a fee.
To contact UnitedPips' customer support team, phone, email, or live chat can be used. We are also happy to see that the broker has dedicated phone numbers and email addresses to its regional support teams in Europe, the UK, and North America. The broker states on its website that it is open 24 hours a day, 7 days a week, which certainly sounds impressive.
All in all, we believe UnitedPips is working hard to establish itself among the leading offshore forex brokers in the world. However, it is still very new and it is therefore too early to tell how successful it will ultimately be. Still, those who want to give it a try are free to do so, given that the barrier to entry for offshore forex brokers like UnitedPips is very low.
